Tag Archives: Home Sales

Home sales showed no signs of stopping its recent descent in July 2022, as sales dropped to their lowest level since the beginning of the pandemic when the market was at a near standstill.  According to Redfin, home sales dropped ...

ATTOM released its Q2 2022 U.S. Home Sales Report, revealing that profit margins on median-priced single-family home and condo sales across the United States hit another new record of 55.5%, following the largest quarterly gain in a decade. On the ...

Inflating mortgage costs, driven by skyrocketing prices and interest rates, have made mortgages less affordable than at any time since at least 2007. According to the latest market report from Zillow, demand for homes has pulled back in response —easing ...

The foundation of wealth-building throughout the country for the masses remains firmly entrenched in real estate. A first-class asset, real estate now represents 17% of the country’s GDP and represents a major driver of the economy as a whole.  Asking ...

With an emphasis on the Golden State, investors in 2021 comprised the highest share of single-family home and condo sales nationwide since 2013.

Mortgage purchase applications are decreasing, while median asking prices of newly listed homes increased to 12.9%. Here's the data from a new housing market update.

Fannie Mae’s ESR Group found that, despite the nation’s solid economic finish to 2021, inventory and inflation will dampen the housing forecast in 2022.

In a month where housing supply dropped 12.7% nationally, the 1.3 months’ supply of homes recorded in October tied for second-lowest in history.

A combination of increased inventory and rising rates will play a role in weakening the housing market over the next 12 months.

The pace of the housing market has accelerated at a time when it typically slows, as 44% more homes are pending sales than at this time in 2019.